oil reserves
  • Nicaragua's foreign minister Samuel Santos and ambassador Carlos Jose Arguello Gomez, Colombia's agent Julio London Paredes and former foreign affairs minister Guillermo Fernandez de Soto, from left to right, listen as the court delivered its ruling in the case of Nicaragua versus Colombia over ownership of a string of islands and cays off Nicaragua's Caribbean coast.

    The International Court of Justice ruled a group of islands in the Caribbean belongs to Colombia, but granted Nicaragua a swath of the surrounding sea.

    LAST UPDATE : Dec 13, 2012, 3:00 AM EST